How to teach entrepreneurship in schools? Business planning ideas for school students


Choithram School won Best Annual Report (Gold Level) in India award of School Enterprise Challenge 2019 by showing exceptional business planning in school. The award recognised the school with a sum of $500.
More than 11,000 schools from over 107 countries participated in the contest this year: an international programme which supports students and teachers to plan, set up and run a school business.
The idea of the challenge is to develop business and practical skills amongst students.
School principal Rajesh Awasthi shared, “As a part of the business enterprise ‘Good Earth’, students from Montessori to grade 10 prepared handicrafts from recycled material, compost from dry leaves and saplings from flower cuttings.”
The business team comprising of grade 11 and 12 students procured customised T-shirts and customised tea cups from a supplier outside the school. All these products were sold by the business team during the sales events organized in the school during Parent Teacher Meetings as well as outside the school.
The profits generated were used for gifting story books and games for slum children, stationery items for a local orphanage, geysers to inmates of old age home as well as solar lamps to villagers of Nayapura village who suffer from erratic power supply.
Student heading the project Jyeshtha Mishra said, “The project helped me in developing communication skills. I feel comfortable in interacting with new customers now.”